Standard Chartered has announced the expansion of its Women in Technology Incubator program, aimed at supporting female entrepreneurs in the banking and financial technology sectors. The program, which was initially launched in 2017, provides a platform for women to develop their business ideas, gain mentorship, and access funding.
The expansion of the program is part of the bank’s efforts to increase diversity and inclusion in the technology and banking industries. According to Standard Chartered, the program has already supported over 200 female-led startups, with many going on to secure funding and scale their businesses.
The Women in Technology Incubator program offers a range of benefits to participants, including access to mentorship, training, and networking opportunities. The program also provides funding to support the development of business ideas, as well as access to the bank’s global network of clients and partners.
Standard Chartered’s expansion of the program is seen as a significant step towards promoting gender diversity in the banking and technology industries. The bank has set a goal of having 30% of its technology workforce made up of women by 2025, and the program is expected to play a key role in achieving this target.
The program has already had a positive impact on the lives of many women, with many participants reporting significant improvements in their businesses and careers. The program has also helped to create a community of female entrepreneurs and technologists, who are able to support and learn from each other.
The expansion of the Women in Technology Incubator program is part of a broader effort by Standard Chartered to promote diversity and inclusion across its operations. The bank has also launched a range of other initiatives, including training programs and networking events, aimed at supporting women in the workplace.
Overall, the expansion of the Women in Technology Incubator program is a significant step towards promoting gender diversity in the banking and technology industries. The program has the potential to make a significant impact on the lives of many women, and to help create a more diverse and inclusive industry. With its global reach and commitment to diversity and inclusion, Standard Chartered is well-placed to make a positive impact in this area.